I already named GHM in a couple of posts.
I highlighted how in September Navellier claimed to gain 39% on GHM while actually he was gaining 2.2% and how, still in September GHM was losing some 22% since he recommended as a Top 10 stock a few weeks before.
On October 13th 2008 Mr. Navellier told his $5.000/year Quantum Growth subscribers to buy GHM.
This Week’s New Buy
Graham (GHM) manufactures vacuum systems, [REMOVED].
The company is due to report earnings in early November. What I like about Graham is that [REMOVED]. Shares of Graham split 2-for-1 last week, and the stock is an outstanding new buy.
It was even onThis Week’s Top 5
2. Graham (GHM) is my sole new buy this month. The company saw its sales rise 38.3% last quarter to $27.6 million. During the same period, Graham’s earnings more than doubled to $5.7 million or $1.11 per share compared with $2.7 million or 53 cents per share last. The stock split 2-for-1 last week and is an outstanding buy! Close price on that day was $22.88.
No news the week after (October 20th) and on October 27th GHM was again on the Top 5 stocks. Now number 4.
4. Graham (GHM) will report its third-quarter earnings next Monday, November 3. There’s only one analyst who covers Graham and expects earnings of 53 cents a share. Personally, I prefer stocks that aren’t widely followed on Wall Street. It’s best to get in before the crowd knows about a stock. Shares of Graham consolidated last week and are an outstanding buy.
Again number 4 the week after (November 3rd)
4. Graham (GHM) will report its earnings after today's closing bell. The shares had a very strong week last week (meaning it recovered 5 of the 7 dollars it lost since bought - still down 10%). I'm very impressed that Graham is currently going for less than 12 times earnings. The stock is an outstanding buy!
So outstanding that yesterday Mr. Navellier wrote:
This Week’s New Sells
I only have two sells this week, Graham (GHM) and Darling International (DAR).Close price yesterday was $12.53.
GHM performance was -45%
In the same time the S&P500 lost 8% from 1,003.35 to 919.21.
Market outperformed!!!
3 comments:
What a douche.
GHM was ranked either #1 or #2 by investors business daily in the top 100 list a few weeks ago.
Look here for IBD's crappy adviced:
http://investorcrap.blogspot.com/search/label/Investor%27s%20Business%20Daily
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